45 X 75 = 3,375bopdHi Friends, Investors & Future Shareholders,
Having been in the markets for several decades we are clearly being signaled by the relentless Institutional buying volume that goes all day then “Power Hour Closes” each day (the last hour) large institutions want this stock and are willing to pay a lot higher levels than where were trading now.
The reason is simple (POP is going way higher) once the financing is announced closed on Sept 2nd and drilling commences on proven oil in the ground P1 Reserves this stock is $3 in the near term. Day traders play all you want, sellers sell all you want, but this deal is going one way only and that’s higher.
We have $100,000,000 cash coming into the company, and the current assets are worth al-least $40,000,000. Take a look at the MCAP today and ask yourself *not somebody else if it’s a buy or sell* numbers don’t lie.
Now let’s look at the property named J5, Novus was bought-out for $358Mill CDN by the Chinese right next door to J5 and their Viking Oil Pay Zone was only 6 meters thick. POP’s is 10Meters thick.
If we have 100,000,000 cash, $40,000,000 in assets and better land on just one of 16 properties in Petro One`s property portfolio tied onto the new Chinese company that paid a $358Mill CDN entry fee into this game it’s obvious we are way undervalued on POP at .50
Please read the 51-101 compliant news from McDaniel’s Engineering (the world’s best oil technical house) on Petro One’s J5 Assets below.
We are very pleased to receive this evaluation of recoverable prospective resources in addition to the reserves on our Milton property”, said Petro One President Peter Bryant. “Recent horizontal drilling in the newly discovered Marengo field 3.2 kilometres south of Petro One's J5 property has a 100% success rate, with three month initial production ranging up to 75.5 bopd, and averaging 56 bopd, and licenses for 13 new horizontal wells have recently been issued. McDaniel has identified 45 horizontal drill locations in 10 metre-thick Viking sand with strong oil show confirmed in core, and this bodes well for future production. Petro One's Milton property covers more than 2500 acres, and we look forward to developing this asset with the drill bit.”
45 wells at 75bopd = 3,375bopd on just 1 of 16 properties.
50 cents is the steal you’ll always remember when we’re trading $5 in 18 months.
Thank You Korea !!!
Always do your due-diligence.